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Nairaland Forum / Nairaland / General / Agriculture / I Intend Going Into Plantain And Potato Chips Business,need Your Advice (4793 Views)
My Journey Into Plantain Farming - Challenges, Cost And Profit / Small Scale Plantain/Potato Chips Business / Feasibility To Start A Sweet Potato Chips Business In Nigeria (2) (3) (4)
I Intend Going Into Plantain And Potato Chips Business,need Your Advice by onyeudo234(m): 12:37pm On Dec 17, 2016 |
Hello great minds, I am currently planning on going into plantain and potato chips business.that is ensuring good branding and packaging but don't know how to go about it. I seriously need your advice especially if you are into it already. I need information on where to get raw material at cheaper rates, machinery and how to setup the factory. Please guys help q friend. |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Nicogen4us(f): 1:33am On Dec 18, 2016 |
onyeudo234: Contact Trinity Crown Science laboratory and entrepreneurship Centre on branding and sourcing venue as well as machinery with factory set up guide and supervision. we handle the consultancy work as a professional. You can reach on 08135631994 or check the facebook page by typing the coy name 2 Likes |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by onyeudo234(m): 12:31pm On Dec 18, 2016 |
Also I think one of the major problems start ups face in Nigeria is lack of mentorship. So back to what I asked initially,any reasonable advice especially from those who are currently in the business |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by myleadmsn: 2:15pm On Dec 18, 2016 |
Out of curiosity,what made you think of that idea ? |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by onyeudo234(m): 4:41pm On Dec 18, 2016 |
myleadmsn:I know everyone might say, plantain chips IS everywhere but in the real sense it is not.99% of plantain chips in Nigeria lacks good packaging and branding and that is why it can't be sold in the super market.how does it makes you feel when u know that ShopRite and other giant shops can stock your product. Agro processing IS the way to go bro.you can also chip in your own ideas 2 Likes |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Nicogen4us(f): 6:34pm On Dec 18, 2016 |
Just go on with your opinion as long as you have the interest.Anything under FMCG is having sky as limit if your branding and product is good and hygienic. My own is that just consult professional about it to bridge the problem of NAFDAC , marketing and market penetration and acceptability |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by onyeudo234(m): 7:18am On Dec 19, 2016 |
Nicogen4us:thanks dear. it's just that most of the time startups especially in Nigeria face the challenges of acquiring machinery.imagine our locally fabricated machines here are almost the same price with imported ones |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Machiny: 7:41am On Dec 19, 2016 |
onyeudo234:the business is lucrative.we offer consultancy services and training or you can be a sole distributor of our brand in ur state.you can qoute me if u are interested
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Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Nicogen4us(f): 6:23pm On Dec 19, 2016 |
onyeudo234:Not like that in my own side here |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by onyeudo234(m): 10:13am On Dec 20, 2016 |
Nicogen4us:So like how much is plantain chips slicing machines in your side |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by onyeudo234(m): 3:55pm On Dec 28, 2016 |
Please if you are in the business of plantain chips making help out abeg |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by maishai: 5:16pm On Dec 28, 2016 |
onyeudo234:Please buy a #50 worth plantain chips, eat it and look up d address then pay a visit. Please make sure u hang around long enough to ask lots of questions from people around and workers.If possible pay more visits and to more plantain chip factory After this point,I will then advice you to forget about packaging, technology or machinery...Just think about input and output($$$/$$), For starters please follow the crowd and do what they do.when you gAin xperience you improve on what you got 1 Like |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by romakvine(m): 5:40pm On Dec 28, 2016 |
BE A FARMER HAVING YOUR FARM DIRECTLY AT THE BACKYARD OF YOUR OFFICE Obviously, in Nigeria today, agriculture is the next area where you can make more than enough money for investment and wealth directly at the backyard of your office. Ogun state is really the backyard of Lagos state. Therefore, in Ogun state presently, you can get more than enough LAND to buy for farming at N250,0000/Acre or for building Houses, Hotels, Estates, e.t.c. at N500,000/Acre. Farming which is the most essential part or aspect of agriculture will be advisably and encourageably talked about, because without farming, there must be a famine. Also the research for the last one year reveals that, all local farmers made a lot of money Farming involves buying of a LAND for yourself which is advisable at a very cheap price like N250,000/Acre{6 plots of land} or getting the LAND through leasing like N10,000/Acre for a year which is renewable. Now, the farm manager will come in to manage the LAND for you for farming depending on the types of crops or tuber you may like to plant. The types of crops that are advisable to plant are; Plantain, Corn, and Rice. For the tuber; Cassava, depending on how you can go along with the breakdown of the cost analysis involved for the planting of each of them. COST ANALYSIS INVOLVED FOR THE PLANTING OF PLANTAIN PER ACRE Purchase of land N250,000 Land preparation N 25,000 1,000 suckers @ N100 each N100,000 Planting of sucker @ N60 each N 60,000 Animal waste as fertilizer N 50,000 Application N 30,000 1st – 4th weeding N 32,000 Management N 30,000 Miscellaneous N 10,000 Total N587,000 The maturity date is 9 months. In a year after the maturity date, it could be harvested two times. A stand could produce at least 2 bunches and 1 bunch is sold @ N700. Therefore, N700x2 =N1,400 for 2 bunches. And N1,400x 1,000 stands = N1,400,000. Also, one stand can produce 4 suckers round itself which could be sold @ N100 each in the same one year. Therefore, N100x4 = N400 for 4 suckers. And N400x1,000 stands = N400,000 So, the total output for one year after maturity date = N1,400,000+N400,000 = N1,800,000 The most beautiful and achievable thing in planting plantain is that, the production of the 1st year can double that of the 2nd year. Therefore, you can easily get double of your output for the 1st year in the 2nd year, and it continues like that. Also it is a permanent investment. COST ANALYSIS INVOLVED FOR THE PLANTING OF CORN PER ACRE Land lease/year N 10,000 Land preparation N 5,000 1st and 2nd plough N 20,000 Seedling (seed for planting) N 2,000 Planting N 5,000 2 bags of fertilizer @ N8,000/bag N 16,000 Application N 3,000 1st& 2nd weeding N 10,000 Management N 10,000 Harvest N 10,000 Total N 91,000 The duration period for corn to harvest is 90 days. 2 tones of corn at least is assured to get. And 1 tone is sold @ N90,000. Therefore, N90,000x2 = N180,000 for 2 tones which is the total output. COST ANALYSIS INVOLVED FOR THE PLANTING OF RICE PER ACRE Land lease/year N 10,000 Land preparation N 5,000 1st and 2nd plough N 20,000 Seedling (seed for planting) N 30,000 Planting N 8,000 3 bags of fertilizer @ N8,000/bag N 24,000 Application N 5,000 1st& 2nd weeding N 20,000 Birds caring N30,000 Management N 20,000 Harvest N 20,000 Total N 192,000 If it is ofada rice, the duration period is 120days, i.e. from planting to harvest. At least one and a half tones could be got as output after the duration period. And 1 tone is sold @ N600,000 Therefore, the total output = N900,000 COST ANALYSIS INVOLVED FOR THE PLANTING OF CASSAVA PER ACRE Land lease/year N 10,000 Land preparation N 5,000 1st and 2nd plough N 20,000 Cassava stem for planting N 15,000 Planting N 8,000 2 bags of fertilizer@ N8,000/bag N 16,000 Application N 5,000 1st, 2nd, 3rd& 4th weeding N 24,000 Management N 10,000 Harvest N 10,000 Total N 123,000 Duration period for cassava is 10 –12 months. At least, 9 tones can be got as output after the duration period. And 1 tone is sold @ N21,000. Therefore, the total output = N189,000 For more enquiries call; 08035642316, 08131184482 2 Likes |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by onyeudo234(m): 7:18pm On Dec 28, 2016 |
maishai:Dear I believe in making a change that is why am looking for answers |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by xprimate(m): 10:10pm On May 04, 2018 |
Please I also need people who are already in the business to give us some insight. I am planning to set it up where I am. The experience shared by be experienced heads will be priceless |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Machiny: 2:43pm On May 05, 2018 |
xprimate:its very profitable if you know onion in the business. Remember the main work is in the marketing not production 2 Likes |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by xprimate(m): 12:58pm On May 06, 2018 |
Machiny: Thanks a lot for that. I also heard that for a start, you may focus on supplying primary and secondary schools plus universities. It also depend on the scale of your production.My location for now(plateau state) has abundance of potatoes and I want to take advantage of that. Funny enough I have not really seen potatoes chips here. Please if you are in the business I will want you to give me more insight. Thanks. |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Machiny: 3:36pm On May 06, 2018 |
xprimate:its my sister that has a factory in akwa ibom .But I wz with them during my service yr, so I had a first hand experience of their production. They sale in bags that contain 50pack for 100naira each at 4000naira to supermarkets and co .your target should be at that rate so as to meet up.if you target just schools, don't knw hw you wld be meeting up...you would also need a vehicle for distribution. But you can start with your immediate environment 1 Like
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Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by xprimate(m): 5:38pm On May 06, 2018 |
Machiny:I see, thanks. But the picture looks like plantain chips, or is it both plantain and potatoes. Please do you have idea of the equipment required for a start and the cost. I know you need a deep fryer, gas/wood for frying, packaging machine, and maybe potatoes peeler. what about Spicing and the self life of the potatoes. Sorry am asking a lot. I don't want to go in blindly. |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Machiny: 5:57pm On May 06, 2018 |
xprimate:its just plantain they are into. So that I can comment. Wish am there to take pictures, but they use simple tools.(cutter for the plantain, big fry pan and big kerosene stoves...but also have constructed gas stoves...while for packing, there is a foreign waterproof used because it very clear, so samples the content in it very well.there is a low cost sealer.with those you are good to go. |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by xprimate(m): 7:20pm On May 06, 2018 |
Machiny:Ok Thanks man. Its really insightful. When am good to go, I will send you a trailer load of chips 1 Like |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Bestnigeriabusi(m): 12:46pm On Dec 04, 2020 |
Potato Chips Production Business plan In Nigeria PDF: I saw a question somewhere, and the question was; Is Potato chips production business is a profitable one? I was persuaded to Wade into the conversation. I was so surprised to see someone argued it's Lucrativeness. Potato chips production in Nigeria is indeed a very lucrative business. The only way you can realise this truth is when you venture into it and start enjoying the cool cash thus generated. One of the advantage here is the fact that the food sector is always growing, so there must be a constant that is always increasing, hence you can expect rapid growth. for the full details on the business plan for Potato, click >>> https://www.latestnigeriaprice.com.ng/potato-chips-production-business-plan-in-nigeria-pdf/ |
Re: I Intend Going Into Plantain And Potato Chips Business,need Your Advice by Ken4agent(m): 11:19pm On Dec 04, 2020 |
As simple as this may sound, I must say when diving into any Agro Biz, it is very important to ask yaself " what is my comparative advantage" ? If you can not find any in that Biz, pls re-evaluate the Biz to check for risk factors. If you can not handle the risk factor 90%, pls flee from the AgroBiz as disaster is eminent ahead |
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